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Recievership is bankruptcy.

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Q: Can you force a company in receivership into bankruptcy?
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What has the author Paul Lang written?

Paul Lange has written: 'The law and practice of administrative receivership and associated remedies' -- subject(s): Bankruptcy, Receivership 'Company receivership' -- subject(s): Bankruptcy, Receivership


Has revstone filed for bankruptcy?

Revstone filed for bankruptcy on 3 Dec 2012. This is immediately after a judge ordered the company into receivership. See Related Links for bankruptcy filing. See Related Links for full article on American Swindlers.


Can a business be forced into receivership?

Yes. Receivership is just a fancy name for "bankruptcy where someone is appointed to collect money owed to the debtor to pay it to creditors."


Can a court order a company or person to file bankruptcy in the state of Georgia?

Bankruptcy is normally voluntary, however if your creditors feel it is required for them to get paid and you refuse, they can force it - an involuntary bankruptcy.


Where is the British Cotton and Wool Dyers company?

Went into receivership in 1983


What is meant by the term receivership?

Receivership is what occurs when a business has been placed under the control of a "receiver", who takes the responsibility for the institution's assets. This often occurs when a business has filed for bankruptcy, or has otherwise failed to follow its financial and legal obligations.


Is Washington mutual a national insurance company?

No. Washington Mutual was the largest savings and loan holding company in the United States until its collapse in 2008. The Washington Mutual Bank was forced into receivership after suffering a bank run and the bank's assets were sold to JP Morgan Chase. The holding company filed bankruptcy in 2009.


What company owns the washingtonmutual website?

Washington Mutual is owned by JPMorgan after they purchased their assets back in 2008 when they where placed into receivership of the FDIC, they subsequently filed for Chapter 11 receivership


What is receivership?

receiver is someone appointed to whom is vested the legal right to receive property belonging to a company


Will bankruptcy protect me from foreclosure by my mortgage company?

Yes, bankruptcy protect you from foreclosure by your mortgage company. You can read more at www.hirby.com/mortgage-lender-filing-for-bankruptcy


How do you find out if your bankruptcy has been discharged?

Call the attorney or company that handled your bankruptcy.


How do you obtain payment from a company in receivership?

You file a "prof of claim" with the court and wait in line. Frequently you only get pennies on the dollar owed.